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Radiation Detection Monitoring & Safety Market worth $466.5 Million by 2020

The radiation detection market for nuclear power plant is the largest industry in terms of market value, followed by homeland security & defense industry

This research report categorizes the global radiation detection, monitoring and safety market into the following segments and sub-segments.
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PRESTON ROAD, DE, UNITED STATES, March 5, 2015 /EINPresswire.com/ -- The report “Radiation Detection Monitoring & Safety Market for Nuclear Power Plants, Homeland Security & Defense, Manufacturing Industry (Geiger Counter, Scintillator, Dosimeter, Area Process, Survey Meter, Portal Monitors) - Trends & Global Forecasts to 2020”, analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia, and Rest of the World.

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This report studies the global radiation detection, monitoring and safety market for nuclear power plants, homeland security & defense and the manufacturing industry over the forecast period 2014-2020.

The global radiation detection market is undergoing significant transformation with the changing landscape of nuclear power plants, homeland security and defense, and the manufacturing industry. The market for nuclear power plants, homeland security defense and the manufacturing industry were valued at $342.5 million, $152.3 million and $93.8 million, respectively, in the year 2014.

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This market is primarily driven by gas-filled detectors and personal dosimeters. Among gas-filled detectors, Geiger Mueller counters are the largest market for nuclear power plant and manufacturing industry, owing to their economical, portable, and durable nature. Scintillators dominated the gas-filled detectors market for homeland security and defense industry due to their ability to detect extremely low levels of radiation, making them suitable for use in homeland security and defense.

North America dominated the global radiation detection, monitoring and safety market for all the three industries. It will continue to lead in the years to come. The Asian region’s contribution to the market is expected to pick pace in the coming years, as robust growth in nuclear power generation is expected in China, South Korea, and India over the next six years. The key players in the market are Canberra Industries, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Landauer, Inc. (U.S.), Mirion Technologies, Inc. (U.S.), and Ametek, Inc. (U.S.)., among others.

The global radiation detection, monitoring and safety market for nuclear power plants was dominated by Canberra Industries, Inc., followed by Thermo Fisher Scientific, Inc., while the market for homeland security and defense is dominated by Thermo Fisher Scientific, Inc. and Mirion Technologies, Inc.

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